The thing about talking about stocks online is that even if the writer doesn’t provide his performance record, there’s always someone lurking out there keeping score.
The transparency and technology underlying the publishing of financial content by bloggers and columnists means that we can discern who’s just talking their book and who is really performing.
I’ve highlighted below the top 5 best stock pickers according to each service:
Top Performing Pundits
|Matthew McCall||Seeking Alpha and IndexUniverse||103|
|Larry Meyers||Seeking Alpha||81|
|Jay Palmer||Barron’s (sub req’d)||73|
|Rick Aristotle Munarriz||Motley Fool||62|
|*See how Like Assets calculates its score|
Highest Scoring Gurus
|Name||Publication||CXO Guru Grade*|
|*See how CXO calcuates its score|
Couple of points here:
- there is intellectual value in financial blogging even if the picks aren’t stellar
- Nassar’s MarketWise is defunct
- these numbers track performance of historical portfolios — a couple of the pundits listed haven’t updated their portfolios for awhile so caveat emptor in terms of following stale picks